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within the republican party, and once that 113th convenes the president can institute obama tax cuts, and sort of dare the republican party not to vote for, you know, a new round of obama tax cuts. politically the president holds those but it's more important than that. the american people, after looking at options presented to them reclearly with a return of president obama to the white house, or initiating mitt romney presidency, chose a return of president obama to the white house and therefore gave him a very clear mandate to hold the line on the question of entitlements there when it comes to talking about entitlements, or earned benefits as progressives like to refer to it, what is the way that the president and those on the left can look and also appear to the right to be willing to compromise? what can they put on the table, if anything? >> well, i just don't think that any of us think that it is a reasonable idea to over the course of the next week and a half, over the course of the holiday season, for the president and this congress, which is a lame duck congress, to engage
company in pennsylvania today to call on congress to extend tax cuts for the middle class. president obama playing a little hardball accusing republicans of playing politics at the expense of american families. >> it's not acceptable to me and i don't think it's acceptable to for you republicans to hold tax cuts hostage because they don't want rates on upper folks to go up. >> john boehner scheduled a last minute news conference. fired back with this. >> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's the wrong approach. >> as the rhetoric heats up, the clock continues to tick down. after today, there are just ten legislative days on the calendar. the house announced they will be recessing one day early next would he week. joining me now from the white house, white house correspondent kristen welker. what's the latest from 1600 pennsylvania? >> well, good afternoon, craig. as you can see the holiday decorations are going up here at the white house. but it doesn't seem like anyone is in the holiday
and the democrats have been the fact that obama wants to let the bush tax cuts expire for the wealthy and the in terms of spending cuts, the production republicans have just as of yesterday did a counter offer but nothing specific. there wasn't nothing to talk about in terms of cuts. >> bill: lack of specificity on what should be cut has drained the discussion into a simple let's raise taxes on the wealthy. >> yeah. there are no cuts to cover. >> bill: i don't know why kristen diane sawyer wants to raise her own taxes, do you know? >> i think there is truth in what kirsten was saying as far as it's much simpler to continue this same debate we had through the entire campaign to move on to that you subject. >> if you say you wanted to cut the department of energy or the department of education people's eyes glaze over. but it does seem to me, kristen, that there is among the network newscast there is kind of like, yeah, let's raise the taxes on the wealthy, that would be a good thing. that does seem to me that's there. >> unfortunate narrative that's been peddled it's not true but it's
democratic senators are balking on this current is 35%. the obama offer contained no serious cuts, no serious reforms to entitlement programs and no serious proposals of tax reform this president had the gall to count savings more than one billion dollars from ending wars in iraq and afghanistan no one has proposed war spending over the next decade that includes cuts to domestic programs agreed to last year, fuzzy washington math. what this is obama's propose last year which received zero votes in the house or senate this is disguised as a so-called compromise offer. don't be fooled it is no such thing. the so-called offer was nothing less than a disgrace what he did yesterday with geithner. the proposal was as dishonest and misleading as date is long. the question is, how should the gop respond to this travesty? republicans should do several things. first, do what senator mcconnell did yesterday, laugh at the obama proposal. second, refuse to negotiate with obama, seriously. in other words, essentially republicans have gotta walk away, it is up to obama to make a serious proposal. instead of
1, the obama administration will raise taxes far more than just eliminating the bush tax cuts for the top brackets. the new healthcare law will raise taxes of its own. additional $318 billion over ten years. including a new 3.8% tax on investment income and reduced deductions for those of all incomes. >> this is not an incon quincable thing. you are -- incon consequencial thing. >> those affected most will the small businesses many of which pay taxes at the individual rate and get a double whammy with the simultaneous end of the bush tax cut and tax increases under obamacare. almost 60% increase in tax on investment. >> entrepreneurs with small businesses, certain number of workers now they will be facing a four or five, 10% point increase in the tax liabilities. that means they will have income to invest in their firm. >> for some small businesses it could be a hardship. for other small businesses. they are going to go doing what they are doing. >> in fact, it may be much cheaper for small businesses to pay a $2,000 fine, to not offer insurance and let the employs go on the t
sandy politicians making big promises, president obama promising to cut the red tape. now have they all forgotten about the victims? we're back with our political panel. john, you can see the frustration, you know. the man blasting president obama about his vacation to hawaii, just said he doesn't have electricity. you know, what about it? >> it's perfectly understandable and justified. i mean, you have the entire national media swoop in for a story where president obama and chris christie shook hands and that was supposed to be his great heartwarming moment where they were going to come together to fix things. now a month later there are real problems here and government just simply hasn't been working for a lot of these people. you have stories where there are perfectlily got fema trailers sitting in pennsylvania when they could be put to use in new york or new jersey. >> greta: why aren't they there? >> no one knows. i don't know. you hear people telling stories about filling out forms, people who are approved to use the money to stay at a marriott but not a comfort inn. there are so
hours. tonight it appears there is little likelihood that president obama intends to make any meaningful offer of spending cuts with which to balance the republican author of tax revenue increases. president obama, maintaining a highly believable effort of the white house and congress to resolve differences that would avoid the fiscal cliff. that is $1.2 trillion in automatic budget cuts and $600 billion in tax hikes that would result from the expiration on december 31, the consequences would simply be devastating. the economic impact on the country and the american people would mean the loss of hundreds of thousands, if not millions of jobs. the very likely onset of yet another recession. the white house timothy geithner on capitol hill today. he went there empty-handed to meet the party leaders. house speaker john boehner who has already offered to raise tax revenue finds himself not in a negotiation, but rather competing in the white house media campaign. this is how speaker boehner reacted earlier today to the demands of the white house that were laid out by timothy geithner in a clo
. with real cuts. obama was supposed to gave speech where he would respond with a counter offer. what did he do? he gave a speech with ryan on the front row. he called the ryan proposal un-american, insulted him. offered nothing and ran on mediscare in the next 18 mont months. they expect the republicans will do this again? republicans will walk on this. i think they have leverage. yes, for congressional democrats it will help them in the future if the republicans absorb the blame because we will have a recession. obama is not running again unlike the congressional democrats. he is going to have a recession. 90% unemployment, 2 million more unemployed. second term that will be a ruin. that is not a good proposition if you are barack obama. >> bret: before you respond to that, a.b., there is one thing that speaker boehner talked about today, leverage wise. that is tying the debt ceiling limit to this entire deal. and the white house reacting. >> there is a lot of things i wanted in my life, but almost all of them had a price tag attached to them. if we talk about the debt limit, there will be
furious at relief response and president obama. >> president obama, he said he was going to cut through the red tape. he lied. he says, what do you mean? i said you lied. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >>. >> heather: two people have died after a bus crash in florida. the doubling decker was carrying 32 members of a church group when it slammed in an overpass. >> people in wyoming say the man involved in a deadly attacks yesterday used a bow and arrow in one of killings. authorities say this christopher krum first stabbed a woman on friday and then went to the college where his father was teaching and shot him with a bow and arrow. he later stabbed and killed himself. >> more than hundred people are waiting to return to home after a train derailment after toxic gas was found leaking in the neighborhood. >> gregg: anger appears to be boiling over a
. well, 28 days to go until tax cuts expire for most americans if president obama and congress can't cut a deal to keep us from going off the fiscal cliff. the president says the latest republic offer is out of balance because it extends tax cuts on income of above $250,000. g.o.p. leaders claim they can raise revenue without raising rates by closing loopholes and limiting deductions. but the white house says it's about the rates. ed henry is at the white house tonight. the president claims the republic math does not add up. >> that's right, shep. he met with the nation's governors today. he said behind closed doors that there is a lot at stake not just for the national economy but state by state. some of their budgets could take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the
with no spending cuts or entitlement reform. it's not going to happen. and mr. obama knows it's not going to happen. so why are we playing this foolish game? the american people deserve better than this. we have huge financial problems in this country. problems that every single one of us are going to be feeling if the u.s. dollar tanks come on, mr. president, put something reasonable. get off the politics. and that's the memo. finally somebody asked me and i appreciate that bill. let's go straight to it right now there are no rules in this game between obama purpose of the negotiation. it's just ballot err and media noise. i would suggest and the first part of that plan is to set the parameters. that means, okay? the top 2% of the country are paying just about 40% of the taxes in this country. what percent does the president want? boehner needs to stand up and say everything is on the table. taxes, entitlements, you name it, we're ready to talk. >> you would begin with the tax situation, right? i would begin with the spending but you are smarter than me. >> so you say to mr. obama, all right, we'r
the republican was talked about obama was going to cut $716 billion so now we're in a situation where nobody wants his or her fingerprints on the medicare cuts. >> uh-huh. >> okay. the medicare cuts, i can assure you, and this is going to upset a lot of people, will appear in the negotiations. they will be-- paternity will be denied but they will miraculously appear. and i think we've got to outline what will go ahead with the deal. >> who is playing what hand, who is playing from strength here at this point. >> on this the president has the strength. no he request. first he won the election. second the polling shows that people are more likely to blame the republicans. third, if you look at the way the rules of the fiscal cliff are structured, the republicans lose big. the cuts, the sequestration, the cuts come out of defense disproportionately so they come out of republicans, so a lot of republicans said this is not a great place to wage this fight. we would rather not fight here. >> what do you think about mark's point about, his coming on-- you are he assaying he's got a strong hand but
that the spending cuts go up and become more immediate. considering that obama has been open to spending cuts in previous negotiations and says he is open to it now and republicans have changed from where they were a year ago when it comes to tax increases, i think it will not take too much to get their, although there are still obstacles. host: the $1.60 trillion and $800 billion are the opening numbers. where are we with those numbers now. have those numbers been altered? guest: i do not know if republicans have gone above $800. the question will be, will obama be able to get above $800. once you start talking about the $1 trillion number, that is a politically sensitive number. obama might want to get above $1 trillion. republicans will want to keep it below $1 to win. host: are the senate ways and means and finance committees involved in these discussions? guest: sam bachus, the ways and means chairman, they're keeping in touch. their staff are very involved, because they're the guys who know all about taxes. they are definitely going to be involved in negotiations, even if they are sligh
growth in government and put obama care on the table. there's one entitlement you can cut that no one is going to get hurt or helped or either because we haven't spent the money yet. it hasn't been implemented yet. it's kind of a painless way to take some spending off the table. those are the kinds of things i would talk about in more macro sense. >> that probably would happen over the president's dead body, but all right. rick santorum, always nice to see you. >> obama care or medicare, i'm not too sure it would be over his dead body. >>> good to see you, up next, >>> the danger of tasers. nearly 500 people have died in the past 11 years when law enforcement used these stun guns. they are fast becoming the weapon of choice for officers. one roe one recent arrest caught on camera. and we are "outfront" on this story. some of the images you will see are disturbing. >> reporter: how does a seemingly normal traffic stop go from this -- >> is that your current address? >> no, i moved -- >> reporter: to this. >> ow! >> reporter: june 4 of this year, 1:230 a.m., a dark side street off a bus
obama offered up cuts in the -- cuts in the tax increases that helped bring the deficit in the first place but he's already clocked out around $2 trillion in spending cuts and interest decreases over the next ten years. now, as we know, the republicans have run and beaten the democrats on this idea that they're going to cut things, that they're going to find waste and eliminate it. well guys, now is your chance! step up to the microphone. what exactly are the cuts? it is funny. we're not hearing anything from these guys after they talked about it for so long. >> stephanie: exactly. that's what the white house is saying. the ball is in the republican's court. we're four weeks from the slope hill ramp. boehner -- republicans have a plan for providing as much as $800 billion in new government revenue over the next decade and we considered the elimination of tax deductions on high-income earners but when pressed for details, he declined to say. >> we've got a plan but i can't explain it to you because you wo
suburbs and he made clear the rich must pay their fair share. the taxes will go up for the top 2%. obama's job number one, a tax cut for the 98%. the rest of the people. let's listen to him. >> it's not acceptable to me and i don't think it's acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. all right? that doesn't make sense. the senate has already passed a bill to keep income taxes from going up on middle class families. that's already passed the senate. your members of congress, like allyson and chaka, other democrats in the house, they're ready to go, they're ready to vote on that same thing. if we can just get a few house republicans on board, we can pass the bill in the house, it will land on my desk, and i am ready, i have got a bunch of pens ready to sign this bill. >> 30 minutes after the president was finished, house speaker john boehner held a press conference, and he left unanswered the president's call for decoupling that 98% from the richest 2%, and h
obama to actually commit to cutting some programs, which he doesn't want to do. he doesn't want to cut anything. >> of course he doesn't. >> bill: he doesn't want to cut the snail. he doesn't want to cut the mushroom exploration. >> this is a great opportunity for john boehner to put forward the boehner plan. not the dobbs plan. the boehner plan. >> bill: specifically say this is what we have to cut? >> this is what we have to do. we have to raise the retirement age in this country. for social security. we have to raise the retirement age for medicare. we have to get serious as they did in 1993 under a democratic president, president bill clinton and say this is the target. $500 billion a year in reduced deficit. and we're going to get there. >> bill: 500 billion a year you would reduce. >> absolutely. >> bill: i would double that i would do a trillion. >> you can't quite get there i think you can get. >> bill: what if i sold rhode island then i could probably get that. [ laughter ] >> bill: chinese would buy it? >> is chafee still going to be government after you sell it. >> bill: who
take president obama's view, extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris kearns goodwin joins us. >>> let me finish with how lincoln outlawed slavery for good and how he did it using politics. this is "hardball," the place for politics. >>> how's this for irony? mitt romney has finally captured 47% of america. remember this video that sunk the romney campaign? >> there are 47% of the people who will vote for the president no matter what. 47% who are with him, who are dependent upon government, who believe they are victims, who believe the government has a responsibility to care for them. >> well, the cook report points out romney shared a popular vote of this country has fallen to, you guessed it, 47.4%. as expected to fall further, and settle at the 47 mark, exactly. we'll be right back. [ woman ] . progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your wo
and put obama care on the table. there's one entitlement you can cut that no one is going to get hurt or helped or either because we haven't spent the money yet. it hasn't been implemented yet. it's kind of a painless way to take some spending off the table. >> that probably would happen over the president's dead body, but all right. rick santorum, always nice to see you. >> obama care or medicare, i'm not too sure it would be over his dead body. >>> good to see you, up next, julian assange, he's posted hundreds of thousands of american military documents, videos, american classified documents on the web. >>> and almost 500 people have died in the past 11 years when law enforcement used tasers. is it excessive force? up next. heard this news about a multivitamin study looking at long-term health benefits for men over 50. the one they used in that study... centrum silver. that's what i take. my doctor! he knows his stuff. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your most complete. i'm going to dream about that steak. i'm going to
of a deal to avoid the so-called fiscal cliff by christmas. president obama says he would like congress to pass a bill even sooner to extend tax cuts for the middle class families. and he invited some of those middle class americans to the white house today to help make his case. >> i have got a pen. [ laughter ] i'm ready to sign it. [ applause ] so, my point here today is is to say let's approach this problem with the middle class in mind. the folks who are behind me and the millions of people all across the country who they represent. >> shepard: well, republicans are saying they need some spending cuts. that they will also have to be part of the deal. and they are accusing the president of campaigning instead of negotiating. >> i mean, every week he spends campaigning for his ideas is a week that we are not solving the problem. it's completely counter productive. the election is over. he won. congratulations. and we have got a hard deadline here, however, and it's still he he is still out on the campaign trail, kind of celebrating. >> shepard: if the president and congress cannot cu
. president obama with a big kind of pep rally at the white house to push those tax cuts for the middle class and republicans on capitol hill saying no, no, no, we hate the middle class. come on. let's give tax cuts to the rich! the millionaires and the billionaires, to the koch brothers and donald trump. we'll bring you up to date and give you a chance to sound off on the issues which i know you can't wait to do. you can do it by giving us a call at 1-866-55-press. you can join the conversation on twitter at bpshow on facebook, facebook.com/billpressshow. and if you really want to get into it with your fellow "full court pressers," go into the chat room. try it out. it is a lot of fun. go to current.com and click on the chat room and you are in! here we are. lucky day. thursday november 29 for somebody. >> it wasn't that lucky. you're still here. peter ogborn and dan henning good morning guys. leading team press with phil backert and cyprian bowlding. cyprian and i had our powerball tickets. we were ready, we were
letting the tax cuts expire and bringing on a recession, i don't believe that bluff. president obama would become a herbert hoover with two recessions on his watch. he can't let that happen. obama did not be hoover. therefore the democrats cannot let all the tax cuts expire without a good deal. unfortunately the cliff talks have charities frightening. they're worried the deduction will be slashed. ivity a contrarian view about this that is going to surprise you on the charitable deductions. and if she wasn't already in enough hot water over the benghazi mess, there's a just breaking report out tonight u.n. ambassador susan rice has heavy jeismts in energy companies known for doing business with iran. and that is illegal. first up, breaking news on the fiscal cliff front tonight, president obama offered his opening bid in budget talks with republicans, and we have eamon javers with all the details. good even, eamon. >> house republican aides are saying this was a new offer from temperature think geithner on capitol hill for a long series of meegts. there were varying report of whether or no
billion in entitlement cuts over ten years. still to be negotiated. mr. obama also wants emergency unemployment benefits and a temporary payroll tax holiday extended along with the infrastructure spending and mortgage relief, the price tag for the president's stimulus bill could rise to $50 billion or more. after meeting with secretary geithner, speaker boehner said he didn't see any sign of compromise from the white house. >> first despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> eliot: no sooner had boehner finished then senate majority leader harry reid took the podium to challenge republicans to come up with their own plan. >> we're saying extend the tax cuts for middle class. as part of that, of course, we know if we do nothing that top rates go up and the nats are waiting for the republicans to come
? they attack him. for the entire campaign all we heard about was how obama wanted to cut medicare. so which is it? i it he cut too much or he doesn't cut anything? and where is there offer? if they say they are the party of cutting spending stop talking about the democrats, make an offer. >> mitch mcconnell is out there every single day saying these are the entitlement changes that i think make sense and would get us to a deal. raising the retirement age, dealing with change the inflation formula so the programs aren't spending so much out over time. if president obama is interested in reforming entitlements which he says he is but he never specifies what it would be. all he has to do is call up mitch mcconnell and say i think these are good ideas, let's sit down and they would happen. republicans would take those immediately. >> that's how you think republicans should lead, they should wait for a call from the president? not go on tv but make an actual offer? >> specific changes on entitlements. if the president is in favor of changing entitlements, all he has to do is say i agree these ar
will and should walk away from an offer after they had offered to compromise on taxes. obama has said that he wants a balanced approach. where are the cuts? >> grover norquist, president of americans for tax reform, author of the no-tax-hike pledge, but some people ar -- wants everybody to hold the line, but some people are weakening. i things starting to soften up there? >> tom cole, republican from oklahoma, a very astute politician, was it very honestly and openly a politician before he got elected to congress, and said that we ought to take the deal and cut taxes on 98% of people, basically rid ourselves of the fact that most people other than charles c., that the republicans have become the party of billionaires' and millionaires in this debate. that is what happened in the election of 2012. that really is a continuing problem for republicans. that is what you are seeing to it is not just anti-grover norquist movement. it is a realization that they have a political problem. >> a lot of positive signs for a deal. one is that grover norquist, who is kind of a ridiculous figure, it has been
expect those cuts to be made. given the obama victory on november 6th, democrats sense they have somewhat of a mandate to increase taxes on wealthy as we all heard. you hear much less about cutting government spending. to make matters worse, citizens sense government waste, congress, especially senate where most members are committee chairman or subcommittee chairman are inate bias against cutting government spending. this is tom schatz. >> they don't want to give up power, jurisdiction or the money. it is also a lot easier for members of congress to run back home and say i'm fixing this problem by spending money. i'm not fixing the problem by solving the problem, and providing the benefits that people need. >> reporter: cutting spending and attending to constituent needs are often very much in conflict, jenna. jenna: we heard a lot of different strategies, haven't we, doug, the ways to tackle the debt and deficit. is there any alternative that really exists besides cutting government waste and spending? >> reporter: one potential avenue they could take would be to actually fall off the f
. doing a deal to raise those rates. where all bush cuts on all tax brackets expire at the end of the year. that is something that gives president obama a lot of clout right now. you can agree or disagree with the president obama policy that is for you to decide. congressman happens to disagree strongly but recognizes that the political reality that all tax cuts will expire on january 1st. >> in my view, we all agree that we are not going to raise taxes on people that make less than $250,000. we should take them out of this discussion right now and continue to try to work for a bigger deal. >> congressman cole cubelal colr a lone voice for the conservatives. i'm quoting now, the fact is that republicans face a new political reality on taxes. president obama's position means that taxes are going you up one way or another. congressman cole as you heard, they believe they should give this one to the president not because they want to, but because they have to. republican leaders though, they disagree. >> i told tom earlier in our conference meeting that i disagreed with him. it will hurt our
their fair share. obama's job number one, a tax cut for the 98%. the rest of the people. let's listen to him. >> it's not acceptable to me and i don't think it's acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. all right? that doesn't make sense. the senate has already passed a bill to keep income taxes from going up on middle class families. that's already passed the senate. your members of congress, like allyson and chaka, other democrats in the house, they're ready to go, they're ready to vote on that same thing. if we can just get a few house republicans on board, we can pass the bill in the house, it will land on my desk, and i am ready, i have got a bunch of pens ready to sign this bill. >> 30 minutes after the president was finished, house speaker john boehner held a press conference, and he left unanswered the president's call for decoupling that 98% from the richest 2%, and he gave a pessimistic assessment of the situation. let's listen to mr. boehner. >> the
of state chiefs one day after a tragic murder/suicide. big question for you. should president obama stand his ground on tax cuts for the wealthy even if it means going over the cliff. tweet me @thomasaroberts. the story keeps changing. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like natural grains. you can't argue with nutrition you can see. great grains. search great grains and see for yourself. for multi grain flakes that are an excellent source of fiber try great grains banana nut crunch and cranberry almond crunch. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the w
: president barack obama has made his plan to avert the fiscal cliff very clear. he wants to raise taxes now. and, by the way, he'll get back to us with how exactly he intends to cut spending later. that's why speaker of the house john boehner told reporters no substantive progress has been made. president obama has no interest in reducing the size of the federal government. now democrats before him he's dangling the prospect of future budget cuts in the hopes republicans will take the bait. with that in mind, it's important to remember the words of president ronald reagan, he wrote them in his own autobiography, and described in great deal a deal he struck with the democrats in 1980s, promising $3 in spending cuts for every dollar in a tax increase. reagan wrote, the democrats reneged on their pledge and we never got those cuts. perhaps that's why some on the right are calling foul on these negotiations. >> the only secret talks have revealed, a government that skips from one crisis to the next. all of this secrecy allows the president to petition himself frankly and being in favor of a bal
Search Results 0 to 49 of about 95 (some duplicates have been removed)